Introduction
The growth of IoT in the automotive industry is unquestionable. According to some studies, it is stated that by the year 2030, almost 300 million IoT vehicles will be in use globally. In this era where technology is expanding day by day and in almost every sector, you can see its exceptional work.
In the automobile sector, IoT technology is offering efficiency, advanced security features, a better user experience, and seamless communication between vehicles, which is opening the way for driverless features.
The concept of IoT in the automotive industry
The Internet of Things is changing the technology model in such a way that every object and device can communicate with each other over the Internet. In the automotive industry, the integration of IoT components such as sensors, actuators, connectivity, and cloud services has recast the future.
Every day, complicated and innovative solutions are hitting the market in the automotive industry, aiming to increase driverless technology. The Internet of Things (IoT) in the automotive industry focuses not only on vehicle-to-vehicle (V2V) communication but also on vehicle-to-infrastructure (V2I) communication, which improves mobility in real time.
Benefits of IoT in the automotive industry
IoT solutions are turning vehicles into smart ones, promoting safe transportation, AI-driven assistance, real-time analysis, and many more. Higher safety is promoted by the implementation and integration of IoT service technologies in the automotive industry.
Some of these benefits are as follows:
- IoT-enabled vehicles offer safety features such as lane detection, object recognition, an emergency braking system, AI driving assistance, etc., which reduce the chance of human mistakes.
- The components of the IoT, such as sensors, monitor the vehicle in real-time and predict the maintenance requirements. This feature increases the life span of a vehicle.
- The Internet-enabled automobile provides access to Wi-Fi and personal device integration, including mobile phones, to enhance your driving experience.
- Users can control their vehicles using mobile applications. That means users receive all the information related to their vehicles, such as maintenance requirements, fuel consumption, temperature settings, etc., on their mobile phones.
How IoT is transforming the automotive sector?
In the automotive sector, IoT technology is offering various features, one of which is connecting your cars to the internet so that they provide real-time data to the cloud. IoT app development companies are creating applications that gather data, provide the user with the ability to customize the requirements, provide cloud integration services, etc. These smart and advanced innovations are transforming the automotive sector in the following ways:
- Automated vehicle safety
The companies that develop IoT applications for the automotive industry provide innovative ideas and bring exceptional technological expertise to the industry. These smart and advanced technologies include increased usage of artificial intelligence in ways that promote user safety.
IoT-enabled automobiles can send signals to other vehicles, which can alert the other vehicle if there is a possible danger ahead. This data sharing and communication capability benefits everyone on the road.
- Predictive Behavior of the IoT
Vehicles are able to predict their surroundings thanks to machine learning algorithms and data analytics principles. The sensors integrated in these Internet of Things-enabled vehicles collect data and transfer it to the central system, allowing for remote monitoring.
This data is evaluated using machine learning and data analytics methods, which aid in identifying the health of the various vehicle components. If any risk is identified, then automatic maintenance requirements are generated by the vehicle, reducing the chances of immediate component failure. As a result of this predictive feature of IoT in automated vehicles, users have a better driving experience.
- Integration of DMS technology
In the journey of transformation, one of the peculiar technologies that is integrated into the automated vehicle is the DMS (driver monitoring system). DMS technology monitors the behavior of drivers, which includes eye movements, head positions, face positions, etc. This IoT technology involves the use of sensors, cameras, and data analytics techniques that sense danger through emotions. Then data analytics theorems analyze these actions to determine whether the driver is looking at the road or not. If these actions are detected by the system, an automatic warning notification is displayed on the screen.
- A sustainable solution
Over the years, the advancement in automotive battery technology has been noticeably increased. These batteries are an important component of smart vehicles.
To offer higher energy and a lighter weight capacity, lithium-ion batteries are becoming everybody’s choice in the automotive industry. Automotive batteries are sustainable, reliable, and commonly installed in electric vehicles. Automotive batteries are very cost-efficient, and because of their high demand in the market, many companies are investing in these battery technologies.
The smart battery management system technology provides better management facilities for individual batteries, which optimize the performance of the battery, promote fast charging, and reduce overheating.
- Demand tracking system
In the automotive industry, IoT-enabled demand tracking systems have totally reformed supply management. Manufacturers, suppliers, and dealers can easily collect the data from various sources, and with the help of IoT technology, they can generate reports of higher-demand regions. This helps manufacturers schedule production according to demand patterns, which reduces overstocking.
The automatic demand tracking systems are designed in such a way that if the stock level falls below a certain level, they notify the manufacturers for restocking. This ensures a proper supply chain across the market.
- Advanced communication technology
With the help of advanced communication technology, automated vehicles are able to communicate with their environment, which includes objects, other vehicles, pedestrians, etc. This advanced communication technology promotes better traffic efficiency. CV2X (cellular vehicle-to-everything) is the term that represents this advanced technology. This advanced technology supports four types of communication modes:
- Vehicle-to-vehicle (V2V) communication allows vehicles to communicate with each other, which promotes cooperative driving.
- Vehicle-to-infrastructure (V2I) types of communication allow vehicles to communicate with infrastructure like traffic lights, breakers, etc. This helps manage the flow of traffic.
- Vehicle-to-pedestrian (V2P) communication allows vehicles to detect the presence of pedestrians on the road and helps establish direct communication between vehicles and pedestrians within close proximity.
- Vehicle-to-network (V2N) is one of the latest types of communication that allows vehicles to exchange information with a cloud network, which helps in analyzing real-time traffic patterns.
Companies transforming IoT in the automotive sector
There are many companies in the market that are working towards the transformation of IoT in the automotive industry. These companies are integrating new innovative ideas into automated vehicles in order to shape industry standards in a way that promotes driving innovations.
- TESLA
The level of success that Tesla has achieved in the past few years is phenomenal. The electric vehicles that Tesla is launching on the market have autopilot features, notify users of regular software updates, allow remote control through a mobile application, etc.
The Tesla mobile applications offer a wide range of features that enhance the user’s experience. With the Tesla mobile application, you can control the temperature of your car before entering, see the real-time location of the vehicle, remotely lock and unlock your car, and much more.
- AUDI
Audi is one of the leading companies in the automotive sector. Audi has improved the technology standards and connectivity within its vehicles to enhance the driving experience. In 2016, Audi launched its Traffic Light Information System, which promotes V2I communication.
Over 5 million connected cars across 74 countries are currently supported by Audi. With Mobileum’s connected car testing solution, Audi ensures the best entertainment for its users with better safety and navigation features.
- BMW
According to the reports, BMW has sold over 1 million cars to customers, enabling them to consume IoT-based services. BMW is one of the founding members of the Mobility Open. BMW is a founding member of the Mobility Open Block Chain Initiative (MOBI), which offers complex automotive features such as supply chain tracking, automatic payments, cloud data sharing, and so on.
BMW also utilizes the services of Microsoft’s Virtual Assistant Solution Accelerator, which enhances AI services, and Microsoft cloud services. This integration with Microsoft was done to improve the AI services in the BMW.
Conclusion
In the upcoming years, we can expect more revolutions in the automotive sector. The new era is all about technology, wireless communication, connectivity, convenience, etc. The significance of IoT technology in every industry is incredible; from smart automobiles to automated supply chain management, IoT technology is covering every component in the automotive sector. Advanced driverless experiences are the new aim of the companies reforming IoT services in automobiles. IoT-driven solutions are more smart, safe, reliable, and efficient. As the demand for smart vehicles increases in the market, it is observed that more companies are investing in the world of IoT in the automotive sector. IoT services are getting more refined in terms of safety and the communication of vehicles with other entities.
